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10 Dec 2016 | 2:35 PM
Research Report
Yearly

Currency Research Report: Currencies Yearly Outlook: 2014

It was a disastrous year for rupee as the local unit plunged by more than 12 percent in the year to hit its all time low level of 68.93 (Spot)....
16 Jan 2014 | 12:00 PM

It was a disastrous year for rupee as the local unit plunged by more than 12 percent in the year to hit its all time low level of 68.93 (Spot). The year will go down in history as one of the worst year for the local unit as the rupee was ham-mered down and beaten out of shape. The collapse was so severe that it broke past all its major levels despite the measures taken by the government to stem its fall. Rupee's 15% depreciation against the dollar since March 2013 has fostered inflation and raised the government’s fuel subsidy costs.

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